0001225208-21-003920.txt : 20210226
0001225208-21-003920.hdr.sgml : 20210226
20210226150846
ACCESSION NUMBER: 0001225208-21-003920
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210224
FILED AS OF DATE: 20210226
DATE AS OF CHANGE: 20210226
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chatterjee Indroneel
CENTRAL INDEX KEY: 0001717094
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36063
FILM NUMBER: 21687795
MAIL ADDRESS:
STREET 1: 40, AVENUE MONTEREY
CITY: LUXEMBOURG CITY
STATE: N4
ZIP: L-2163
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Altisource Asset Management Corp
CENTRAL INDEX KEY: 0001555074
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
IRS NUMBER: 660783125
STATE OF INCORPORATION: VI
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5100 TAMARIND REEF
CITY: CHRISTIANSTED
STATE: VI
ZIP: 00820
BUSINESS PHONE: (340) 692-1055
MAIL ADDRESS:
STREET 1: 5100 TAMARIND REEF
CITY: CHRISTIANSTED
STATE: VI
ZIP: 00820
4
1
doc4.xml
X0306
4
2021-02-24
0001555074
Altisource Asset Management Corp
AAMC
0001717094
Chatterjee Indroneel
5100 TAMARIND REEF
CHRISTIANSTED
VI
00820
VIRGIN ISLANDS, U.S.
1
1
Chief Executive Officer
Common Stock
2021-02-24
4
A
0
60606.0000
23.7200
A
115551.0000
D
Common Stock
2021-02-24
4
F
0
17524.0000
23.7200
D
98027.0000
D
Effective February 24, 2021 (the "Grant Date"), the compensation committee of the board of directors of the Company granted the reporting person an aggregate of 60,606 shares (the "Shares") of common stock. The Shares vest immediately on the Grant Date.
The price per share was calculated based on the average of the high and low price of the Company's common stock on the vesting date, which was February 24, 2021.
Includes 40,000 remaining unvested restricted shares of common stock, which, upon vesting, settle for shares of common stock, subject to acceleration or forfeiture.
Such 17,524 shares were forfeited by the reporting person to cover the tax withholdings on the vesting of his Common Stock pursuant to the terms of the Company's 2020 Equity Incentive Plan.
The price per share used to determine the tax withholdings was the average of the high and low sale prices of the Company's common stock on the vesting date, which was February 24, 2020.
P. Graham Singer, Attorney-In-Fact
2021-02-26